Orbex is an established European Forex broker that is licensed and regulated by CySEC since 2011. Owned by Orbex LTD, they are officially located at: Office 3501, 5th floor,Maximos Plaza Tower 3, Maximos Michaelidi Street, Limassol 3106, Cyprus.
Investors at Orbex are given access to the standard MT4 trading platform which has a Web Trader and mobile apps for Android & iOS. They offer a wide variety of assets to trade including; Forex / Currency pairs, Commodities (oil, gold silver), Indices and CFD’s for shares trading.
As a global broker the website is available in the following languages; English, Arabic, Español, Persian, Bengali, Japanese, Russian, Русский, Deutsch, German, Polski, Indonesian, Tiếng, Việt and Italiano. The minimum deposit for their smallest investing account is $500 with variable spreads. You have the ability to create demo trading accounts to test out their platform speed and your trading strategies, see here.
Auto Trading Software
Once you have created your account, and logged in, you will see that Orbex provides free access to Trading Central, TradeLab, Strategizer and Auto Trading with FXStat TradeBook.
Orbex License & Regulatory Information
The best way for you to know that a Forex broker is not a scam, is by checking their regulatory status. When you see that they hold a valid license from a financial regulator, you can be sure that they are a legitimate broker.
A CySEC licensed broker can offer brokerage accounts to all countries that are members of MiFID in the European Union. Additionally, they are a member of the Investors Compensation Fund which means your account has protection of up to 20,000 euro in the event that the broker becomes insolvent.
Comparing Broker with Orbex
There are many Forex brokers to compare and choose from online. The main reason that traders choose to go with a licensed Forex broker, instead of a scam Forex broker is because they are interested in trading, and not worrying about a broker becoming insolvent.